Yen strengthens against dollar as carry trade weakens

Wed, 27 Jun 07 15:00 pm

The yen made its biggest rise in ten week against the dollar on Tuesday as investors showed signs of moving away from carry trades.

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Pound nears 26-year high against the dollar

Tue, 26 Jun 07 15:00 pm

The pound rose near to a 26-year high against the dollar on Monday, following last week's release of minutes from the June 7th meeting of the Bank of England's monetary policy committee (MPC).

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Weakening US housing market weighs on dollar

Mon, 25 Jun 07 15:00 pm

A stumbling US housing market could cause a further weakening of the dollar as it hit a three-week low against the euro, according to recent reports.

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Yen loses Thursday gains in early Friday trading

Fri, 22 Jun 07 15:00 pm

Sterling fluctuated against the yen on Thursday but averaged a multi-year high as it maintained its strength against the Japanese currency.

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Pound at three month high against euro

Thu, 21 Jun 07 15:00 pm

The pound hit a three month high against the euro on Wednesday as the markets reacted to the release of minutes from the last meeting of the Bank of England's monetary policy committee (MPC) on June 7th.

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Pound trades well on Tuesday

Wed, 20 Jun 07 15:00 pm

The British pound rose against the dollar on Tuesday, averaging a two week high against the US currency.

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Euro reaches record levels against yen

Tue, 19 Jun 07 15:00 pm

The euro traded at record levels against the yen on Monday in anticipation of positive news on the German economy.

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Analysts await US housing market data

Mon, 18 Jun 07 15:00 pm

The coming week sees few economic reports of major significance being released in the US, aside from data on the housing sector.

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Yen continues to trade low late Thursday, early Friday

Fri, 15 Jun 07 15:00 pm

The dollar was choppy against the yen between late Thursday and early Friday as New York trading closed and the Tokyo market opened.

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Euro mixed against dollar

Thu, 14 Jun 07 15:00 pm

The euro experienced mixed fortunes in trading against the dollar on Wednesday as employment reports from across the euro zone reached traders.

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The Pound has begun to drop against both the Euro and the US Dollar following surprisingly poor data...

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